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Stock impact report

ACM Research, Inc. Q4 2025 Earnings Call Summary [Yahoo! Finance]

ACM Research, Inc. - Class A (ACMR) 
Last acm research, inc. - class a earnings: 3/18 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.acmrcsh.com
Company Research Source: Yahoo! Finance
ACM Research, Inc. Q4 2025 Earnings Call Summary - Moby Strategic Execution and Market Positioning Revenue growth of 15% in 2025 outperformed the flat China WFE market, driven by core cleaning and plating strength despite minimal contribution from new product platforms. Management attributes the Q4 gross margin dip to 41% to a temporary mix of lower-margin semi-critical products and seasonal inventory provisions, maintaining a long-term target of 42% to 48%. The company is pivoting toward AI-driven demand in advanced logic and memory, aligning its differentiated technology portfolio with high-value process steps like 3D NAND and HBM. Competitive strategy in China focuses on technological differentiation and deep IP protection to win against a 'flood' of local entrants offering similar commodity designs. Operational efficiency is being enhanced by the Lingang mini-line, which accelerates R&D cycles and internal product validation under fab-like conditions. Global expansi Show less Read more
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